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Advertise here →Franklin, KY · Houses & Market Data
Franklin, Kentucky houses and real estate market data.
Houses in Franklin, KY (Simpson County) — Census median home value $170,400, county listing prices up about 4.5% over the past year. Market data for Franklin houses and the broader area.
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Franklin, KY is in Simpson County, Kentucky — this guide covers houses in Franklin and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 10,254, with a median household income of $55,552. Census data puts the median value of houses in Franklin at $170,400.
Info from government sites and builders may have provided source info.
Market overview
Franklin housing market
Franklin is in Simpson County, Kentucky. Manifest Census and county price-trend data provide baseline context for houses in Franklin and the surrounding county market.
Median home value (Census ACS)
$170,400
Population (Census ACS)
10,254
Median household income
$55,552
County price trend (2025)
4.51% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Franklin market snapshot
Population
10,254
County
Simpson County
Median Household Income
$55,552
Median Home Value (city)
$170,400
Median Gross Rent
$1,034/mo
Price Trend (YoY)
+4.5%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Franklin different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Franklin's median home value — across all owner-occupied homes, not just recent sales — at $170,400.
County Price Trend
Simpson County's FHFA house price index shows a 4.51% annual change in 2025.
Population & Income
Franklin has an estimated population of 10,254 and a median household income of $55,552, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Franklin's Census-reported median home value works out to about 3.1x the area's median household income, and median gross rent runs roughly 22% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Franklin
County guide: Simpson County — cities, market context, and local resources for the county that includes Franklin.
USAHouses.com also helps visitors looking in nearby Simpson County and other Kentucky communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
More Kentucky cities with market guides: Lexington-Fayette, Bowling Green, Owensboro, Covington, Georgetown, Richmond, Florence, Elizabethtown.
Lexington-Fayette market data
Same-state city guide
Bowling Green market data
Same-state city guide
Owensboro market data
Same-state city guide
Covington market data
Same-state city guide
Georgetown market data
Same-state city guide
Richmond market data
Same-state city guide
Florence market data
Same-state city guide
Elizabethtown market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Woodburn (~8.7 mi), Auburn (~13.2 mi), Plano (~13.5 mi), Adairville (~16.9 mi), Bowling Green (~19.1 mi), Scottsville (~19.5 mi), Russellville (~20.5 mi), Plum Springs (~23.2 mi), Allensville (~28.3 mi), Oakland (~28.4 mi), Lewisburg (~28.6 mi), Smiths Grove (~30.0 mi), Guthrie (~34.0 mi), Elkton (~34.1 mi), Dunmor (~34.2 mi), Trenton (~39.0 mi).
New construction: New homes near Franklin (Lexington) · New homes near Franklin (Louisville) · Kentucky new construction.
Census & home facts
Franklin data from published sources
Population (ACS 2023)
10,254
Median home value (ACS 2023)
$170,400
Median household income (ACS 2023)
$55,552
Median gross rent (ACS 2023)
$1,034
County FHFA annual change (2025)
4.51%
Census place type
city
County
Simpson County
Land area (Census Gazetteer 2024)
15.08 sq mi
Census GEOID
2128918
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Franklin
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Hammons Farm ↗
Ryan Homes · Franklin, Kentucky · ~1.1 mi · from $224,990
Autumn Lake Single Family ↗
Goodall Homes · Franklin, Kentucky · ~2.3 mi
Windsor Park ↗
D.R. Horton · Franklin, Kentucky · ~3.5 mi · from $259,990
CDJ Farms ↗
D.R. Horton · Portland, Tennessee · ~9.4 mi · from $329,990
Parkside Point ↗
D.R. Horton · Portland, Tennessee · ~9.5 mi · from $279,990
Local life
Life in Franklin
Schools
Simpson County — 6 schools, 3,088 students enrolled, per the U.S. Department of Education's Common Core of Data. Simpson addresses may be served by Simpson County, but attendance zones vary by street — confirm assigned schools with the district before making a move.
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Common questions
Franklin FAQ
What are houses worth in Franklin, KY?
The Census Bureau's American Community Survey puts the median value of houses in Franklin at $170,400.
How much do houses cost in Franklin, KY?
For owner-occupied houses in Franklin, Census ACS data shows a median value of $170,400. Active listing prices in Simpson County may differ — see the market snapshot above.
What types of houses are in Franklin, KY?
Franklin houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Simpson County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Franklin, KY?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Franklin's population at approximately 10,254.
What's the median rent in Franklin, KY?
The Census ACS estimates median gross rent in Franklin at approximately $1,034 per month.
What is the median household income in Franklin, KY?
Census ACS data puts the median household income in Franklin at approximately $55,552.
Is the Franklin housing market growing?
Simpson County's FHFA house price index shows a 4.51% annual change in 2025.
Is Franklin, KY affordable relative to income?
Census ACS data puts Franklin's median home value at about 3.1 times the median household income, with median gross rent equal to roughly 22% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
What school district serves Franklin, KY?
Manifest and public school-directory data suggest Simpson County for many Franklin addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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